--- title: "Geopolitical Uncertainty" site: "Monex Precious Metals" domain: "https://www.monex.com/" type: "Post Category" featured_image: "https://www.monex.com/wp-content/uploads/oil-war-economy.jpg.webp" last_updated: "June 9, 2026" canonical_url: "https://www.monex.com/category/oil-war-economy/" markdown_url: "https://www.monex.com/category/oil-war-economy.md" --- # Geopolitical Uncertainty ![](https://www.monex.com/wp-content/uploads/Artwork-265.png.webp) Uncertainty in the markets will more often than not cause major moves in the markets. For precious metals, economic news surrounding uncertainty in oil prices and war are often indicators that the metals market will move soon. Learn more about why oil and war move the metals markets in the articles below. ## Posts ### [What is driving the six month high for Oil?](https://www.monex.com/what-is-driving-the-six-month-high-for-oil/) February 23, 2026 · From Seher Dareen and Enes Tunagur in 9/23 Reuters.com “Oil prices reached a six-month high on Monday as the U.S. and Iran prepared for a third round of nuclear talks while increased economic uncertainty was also in focus after the latest U.S. tariff upheaval. Brent crude futures were up 62 cents or nearly 0.9% at $72.38 a barrel, a fresh six-month high, by 1432 more... [Read More](https://www.monex.com/what-is-driving-the-six-month-high-for-oil/) ### [Is Gold’s fresh all-time high due to U.S. government shutdown?](https://www.monex.com/is-golds-fresh-all-time-high-due-to-u-s-government-shutdown/) October 1, 2025 · From Chloe Taylor in 10/1 cnbc.com “Gold prices soared to new highs on Wednesday, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. Spot gold hit a record of $3,894.63 an ounce while U.S. gold futures for December delivery extended gains to hit a high of $3,922.70. Both more... [Read More](https://www.monex.com/is-golds-fresh-all-time-high-due-to-u-s-government-shutdown/) ### [Is the Gold-Platinum Ratio Signaling Trouble Ahead for Stocks?](https://www.monex.com/is-the-gold-platinum-ratio-signaling-trouble-ahead-for-stocks/) July 9, 2025 · From Mark Hulbert in 6/30 marketwatch.com “Gold and platinum are proven stock market predictors. Here’s what they’re saying now. The gold-platinum ratio has plunged. If this market-timing indicator is correct, stock prices will follow. The odds of a major decline in the U.S. stock market have just shot up, even as the S&P 500 SPX +0.34% and other U.S. benchmarks are more... [Read More](https://www.monex.com/is-the-gold-platinum-ratio-signaling-trouble-ahead-for-stocks/) ### [Are oil prices stable amidst economic uncertainty?](https://www.monex.com/are-oil-prices-stable-amidst-economic-uncertainty/) April 28, 2025 · From Robert Harvey in 4/27 Reuters.com “Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, as well as the prospect of OPEC+ raising supply. Brent crude futures were down 15 cents, or 0.22%, at $66.72 a barrel, as of 1204 GMT. U.S. more... [Read More](https://www.monex.com/are-oil-prices-stable-amidst-economic-uncertainty/) ### [What’s causing weaker oil prices?](https://www.monex.com/whats-causing-weaker-oil-prices/) January 27, 2025 · From Peter Nurse in 1/27 investing.com “Oil prices slipped lower Monday in volatile trading, as traders digested President Donald Trump demands that the OPEC lower crude prices as well as his brief imposition of tariffs on Colombia. At 08:55 ET (13:55 GMT), Brent oil futures expiring in March fell 0.4% to $77.23 a barrel, while West Texas Intermediate crude futures fell more... [Read More](https://www.monex.com/whats-causing-weaker-oil-prices/) ### [How are Middle East tensions affecting oil prices?](https://www.monex.com/how-are-middle-east-tensions-affecting-oil-prices/) October 2, 2024 · From Nicole Jao in 10/2 Investing.com “Oil prices climbed 1% on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing region, but a large build in U.S. crude inventories limited gains. Brent futures up 84 cents, or 1.14%, to $74.40 per barrel by 11:16 a.m. EDT (1516 GMT). U.S. West more... [Read More](https://www.monex.com/how-are-middle-east-tensions-affecting-oil-prices/) ### [How could the U.S. Presidential Election Influence Precious Metals Prices?](https://www.monex.com/how-could-the-u-s-presidential-election-influence-precious-metals-prices/) July 22, 2024 · From Metal Miner in 7/21 oilprice.com “The Global Precious Metals MMI (Monthly Metals Index) held its four-month long sideways trend month-over-month. All in all, the index narrowly missed trading flat, only budging down 0.18%. However, numerous factors continue to pull at precious metals prices in general. Gold, for one, appeared to finally be settling down after reaching record highs earlier in more... [Read More](https://www.monex.com/how-could-the-u-s-presidential-election-influence-precious-metals-prices/) ### [Is higher US crude output or a possible ceasefire causing oil to fall?](https://www.monex.com/is-higher-us-crude-output-or-a-possible-ceasefire-causing-oil-to-fall/) April 30, 2024 · From Arathy Somasekhar in 4/30 Reuters.com “Oil prices extended losses and fell 1% on Tuesday on the back of rising U.S. crude production, as well as hopes of an Israel-Hamas ceasefire. Brent crude futures for June, which expire on Tuesday, were down 60 cents, or 0.7%, at $87.8 a barrel by 12:40 p.m. ET (1640 GMT). The more active July contract more... [Read More](https://www.monex.com/is-higher-us-crude-output-or-a-possible-ceasefire-causing-oil-to-fall/) ### [What’s next for gold? Look to China for clues.](https://www.monex.com/whats-next-for-gold-look-to-china-for-clues/) March 25, 2024 · From Weilun Soon in 3/25 Wall Street Journal “Chinese investors are going all-in on gold. The country’s central bank has pushed its gold reserves to a record level. Consumers in the country are loading up on gold jewelry, in part because they are nervous about the shaky economy. Stock traders are buying the shares of gold miners, and rushing into exchange-traded funds that more... [Read More](https://www.monex.com/whats-next-for-gold-look-to-china-for-clues/) ### [Do Citi analysts think gold could get to $3,000 soon?](https://www.monex.com/do-citi-analysts-think-gold-could-get-to-3000-soon/) February 22, 2024 · From Lee Barney in 2/20 Newsmax.com “Central banks’ purchases of gold, a recession and continued conflict in the Middle East could drive gold up to $3,000 an ounce and oil to $100 per barrel, according to Citi analysts. Gold, currently at $2,016 an ounce, could surge by 50%, particularly if there is a global recession, Akash Doshi, Citi’s head of North more... [Read More](https://www.monex.com/do-citi-analysts-think-gold-could-get-to-3000-soon/)